ImageWare Systems, Inc. (OTCMKTS:IWSY): Step Forward, Step Back
Selling on Tuesday offset the buying for ImageWare Systems, Inc. (OTCMKTS:IWSY), bringing the stock down around 5% to $2.31. The unpromoted stock managed to interest investors with updates and financial results, but for now and at this price, the ticker is taking a breather and moving mostly sideways. 
Ups and downs abound for this ticker, at least until better contracts materialize in the field of biometrics. So far, these are the achievements of IWSY: 
- cash: $1 million
- total assets: $6.3 million
- revenues: $1 million
- net loss: $5.6 million
September and the back-to-school season looms now, and we should see how general tech sales would reflect for IWSY. So far, the stock has been responsive enough to press releases. But IWSY is still doing a reasonably good job of keeping up a plateau of the highest prices in the past three years. The volumes in the past two days are much slower, and a pickup in selling or buying could cause a greater change in stock price.
Along with IWSY, Liquidmetal Technologies, Inc. (OTCMKTS:LQMT) is in the boat of tech companies with a good idea that are still biding their time before making a breakthrough of popularity and earnings. The ticker made a dramatic move at the beginning of August, and for now seeks a direction from around 14 cents.
And pink sheet Integral Technologies, Inc. (OTCMKTS:ITKG) is active again in the loose cohort of technological pink sheet stocks. The ticker heads again for 50 cents after briefly spiking to 80 cents, on extremely high buying volumes.
SmartMetric, Inc. (OTCMKTS:SMME) is another selection with a reasonable price, that would give exposure to the cloud computing sector and all the hype surrounding it. The ticker grew by 20% on Wednesday to 38 cents.
Tech companies among the penny stocks vary greatly in quality, and while some manage to rally investors with bright future promises, often enough the interest is very transient, and a peak is followed by deep corrections. So if you believe IWSY is going somewhere, it is still best to invest funds that you can afford to lose to one of those corrections.
